Green Bank

Ecority Will Catalyze a National Network of Credit Unions and State-Chartered Green Banks to Deploy Clean Energy Projects Through the EPA Greenhouse Gas Reduction Fund

Retrieved on: 
Friday, November 3, 2023

Ecority, a nonprofit coalition of credit unions and state-chartered green banks, has applied to the EPA-administered Greenhouse Gas Reduction Fund (GGRF).

Key Points: 
  • Ecority, a nonprofit coalition of credit unions and state-chartered green banks, has applied to the EPA-administered Greenhouse Gas Reduction Fund (GGRF).
  • Ecority has previously encouraged EPA to cap pass-through charges for green banks to no more than administrative cost recovery.
  • Ecority’s support of a national network of federally regulated, community-embedded lenders and state-chartered green banks assure local priorities will be aligned with access to the resources of GGRF.
  • Through Ecority’s program, more households will have access to affordable financing resulting in more direct and immediate cost savings and GHG-reducing clean energy projects.

ImpactAssets and Partners Extend $12M Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities

Retrieved on: 
Tuesday, August 15, 2023

The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.

Key Points: 
  • The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.
  • The PosiGen initiative aligns to multiple ImpactAssets climate finance imperatives by accelerating the adoption of renewable energy and ensuring that deployment is equitably distributed to all communities.
  • With this financing, PosiGen will deploy thousands of residential solar energy systems paired with energy efficiency upgrades in low- and moderate-income communities, reducing energy burdens for those customers while contributing critical progress toward decarbonization.
  • “Financing a just energy transition is one of our core impact objectives as we activate more and more capital for climate solutions.

RISE Energy Summit 2023: Growth Opps and GO Green Energy Fund Unite Leaders for a Sustainable Future

Retrieved on: 
Wednesday, August 2, 2023

CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Growth Opps is proud to announce RISE Energy Summit 2023, an all-day event that brings together businesses, communities, and governments to invest in our shared future.

Key Points: 
  • CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Growth Opps is proud to announce RISE Energy Summit 2023, an all-day event that brings together businesses, communities, and governments to invest in our shared future.
  • RISE Energy Summit: Uniting leaders for a sustainable future, leveraging $369bn Inflation Reduction Act for clean energy.
  • RISE Energy Summit 2023 is presented by Growth Opps and the GO Green Energy Fund, the first African American led Green Bank in the United States and the first Green Bank in the state of Ohio.
  • "This event aligns perfectly with our commitment to fostering sustainable and prosperous communities, while making an equitable and just energy transition."

CPower Awarded 2022 Green Bank Award, Recognized as Early Adopter for Energy Storage Solutions

Retrieved on: 
Thursday, April 27, 2023

BALTIMORE, April 27, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has been awarded a 2022 Green Bank Award for being an Early Adopter in Energy Storage Solutions. As one of the first approved Eligible Contractors, CPower was among the first to submit a storage project to Energy Storage Solutions. The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.

Key Points: 
  • BALTIMORE, April 27, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has been awarded a 2022 Green Bank Award for being an Early Adopter in Energy Storage Solutions .
  • As one of the first approved Eligible Contractors, CPower was among the first to submit a storage project to Energy Storage Solutions.
  • The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.
  • "CPower has been a tremendous partner to the Connecticut Green Bank and Energy Storage Solutions," said Sergio Carrillo, Managing Director of Incentive Programs at the Connecticut Green Bank.

Growth Opps Partners with Coalition for Green Capital to Catalyze America's Transition to Clean Energy

Retrieved on: 
Tuesday, January 31, 2023

WASHINGTON, Jan. 31, 2023 /PRNewswire/ -- Growth Opportunity Partners, Inc. (Growth Opps) is proud to announce its partnership with the Coalition for Green Capital (CGC), to strengthen the National Green Bank's ability to catalyze America's transition to a clean energy platform.

Key Points: 
  • WASHINGTON, Jan. 31, 2023 /PRNewswire/ -- Growth Opportunity Partners, Inc. (Growth Opps) is proud to announce its partnership with the Coalition for Green Capital (CGC), to strengthen the National Green Bank's ability to catalyze America's transition to a clean energy platform.
  • CGC also announced a partnership with the Clean Energy Fund of Texas and the Community Development Venture Capital Alliance (CDVCA).
  • Growth Opps partners with CGC for National Green Bank, $2B in public-private investment for clean energy projects.
  • "Growth Opps, the Clean Energy Fund of Texas, and the CDVCA are connected to local communities and financial institutions.

Growth Opps Strengthens Executive Leadership with Jose A. Vasquez as New Chief Marketing Officer

Retrieved on: 
Thursday, December 22, 2022

CLEVELAND, Dec. 22, 2022 /PRNewswire/ -- Growth Opportunity Partners (Growth Opps) is pleased to announce the appointment of Jose A. Vasquez as its new Chief Marketing Officer (CMO), effective immediately.

Key Points: 
  • CLEVELAND, Dec. 22, 2022 /PRNewswire/ -- Growth Opportunity Partners (Growth Opps) is pleased to announce the appointment of Jose A. Vasquez as its new Chief Marketing Officer (CMO), effective immediately.
  • Growth Opportunity Partners appoints Jose Vasquez as CMO, leveraging his 20 years of marketing and tech expertise to drive growth and success for the organization.
  • "I am extremely excited to join Growth Opps and help drive the organization's growth and success," Vasquez said.
  • "We are thrilled to have Jose join our team as Chief Marketing Officer," said Michael Jeans, CEO of Growth Opps.

Growth Opps CEO Joins Coalition for Green Capital Press Conference

Retrieved on: 
Wednesday, December 21, 2022

WASHINGTON, Dec. 21, 2022 /PRNewswire/ -- Growth Opps CEO, Michael Jeans, has been selected to join the Coalition for Green Capital (CGC) in their media coverage of their recent filing with the Environmental Protection Agency (EPA) on their Greenhouse Gas Reduction Fund.

Key Points: 
  • WASHINGTON, Dec. 21, 2022 /PRNewswire/ -- Growth Opps CEO, Michael Jeans, has been selected to join the Coalition for Green Capital (CGC) in their media coverage of their recent filing with the Environmental Protection Agency (EPA) on their Greenhouse Gas Reduction Fund.
  • "I am honored to be a part of this moment to contribute to equitable clean energy financing," said Michael Jeans, CEO of Growth Opps.
  • Growth Opps established the GO Green Energy Fund which is the country's first African American led Green Bank and the Green Bank for the State of Ohio, which deploys mission-driven capital to support small to large scale commercial, community, and industrial solar project development in Ohio.
  • About Coalition for Green Capital:
    The Coalition for Green Capital (CGC) is a non-profit organization dedicated to accelerating the transition to a clean energy economy by creating and scaling Green Banks.

THE GEORGE GUND FOUNDATION AWARDS $1 MILLION TO SUPPORT GROWTH OF GROWTH OPPS | GO GREEN ENERGY

Retrieved on: 
Friday, November 11, 2022

CLEVELAND, Nov. 11, 2022 /PRNewswire/ -- Growth Opps thanks the George Gund Foundation for their unwavering commitment to equity and sustainability.

Key Points: 
  • CLEVELAND, Nov. 11, 2022 /PRNewswire/ -- Growth Opps thanks the George Gund Foundation for their unwavering commitment to equity and sustainability.
  • The Foundation awarded $1 million to Growth Opps for the continued growth of GO Green Energy Fund.
  • The George Gund Foundation awarded $1 million to Growth Opps for the continued growth of GO Green Energy Fund.
  • Growth Opps established the GO Green Energy Fund using a Green Bank model that can deploy mission-driven capital to support small - large scale, commercial, community, and industrial renewable energy project development.

Schneider Electric and Citizens Energy Activate First-of-its-kind Microgrid at Daughters of Mary Campus

Retrieved on: 
Thursday, September 15, 2022

Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.

Key Points: 
  • Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.
  • "We are so proud to celebrate this massive feat for renewables today," said Kennedy, who joined Citizens Energy to develop new business opportunities.
  • The project transforms the 137-acre campus into a groundbreaking renewable energy hub, using green energy to power four standalone buildings and reduce energy costs for the organization.
  • "I applaud the pioneering vision of the Daughters of Mary to continue innovating the energy system on their campus," DEEP Commissioner Katie Dykes said.

Connecticut Innovations Launches VentureClash Climate Edition

Retrieved on: 
Monday, August 15, 2022

NEW HAVEN, Conn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Connecticut Innovations (CI), along with Connecticut Green Bank, the Department of Economic & Community Development, the Connecticut Department of Energy and Environmental Protection, and the Connecticut Public Utilities Regulatory Authority, today announced the launch of VentureClash Climate Edition, a networking and pitch event that brings together companies and thought leaders solving real-world climate issues.

Key Points: 
  • NEW HAVEN, Conn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Connecticut Innovations (CI), along with Connecticut Green Bank, the Department of Economic & Community Development, the Connecticut Department of Energy and Environmental Protection, and the Connecticut Public Utilities Regulatory Authority, today announced the launch of VentureClash Climate Edition, a networking and pitch event that brings together companies and thought leaders solving real-world climate issues.
  • "The launch of VentureClash Climate Edition coincides with the launch of our newest ClimateTech Fund, which will put $100 million of capital to work," said Konstantine Drakonakis, fund manager of Connecticut Innovations' ClimateTech Fund.
  • VentureClash Climate Edition is looking for international and domestic companies interested in building a presence in Connecticut that offer solutions across, but not limited to, four main industry sectors: energy, water, waste and mobility.
  • Managed by Connecticut Innovations, VentureClash scans the globe for early-stage companies that are looking to land and expand in Connecticut.